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Samsung to expand sales in China to $25 billion


Friday, October 29, 2004 Samsung Electronics said it hopes to expand sales in China to $25 billion by 2010. Company officials said on October 25 that the company expects sales in China to stand at US$12 billion (including local consumption and exports), and hopes to see local sales swing up to US$25 billion by 2010.

According to plans, China would take up 25-30% of overall exports for the company in 2010, up from the 18% expected for this year, company officials added.

By: DocMemory
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